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The world is swimming in a record amount of debt, and there's no relief in sight

THE WORLD IS SWIMMING IN A RECORD AMOUNT OF DEBT, AND THERE'S NO RELIEF IN SIGHT

Last year, the world's debt rose to $244 trillion, or 318% of global GDP, according to the Institute of International Finance. The...

By Beijing's stratospheric standards Chinese economic growth just fell in a hole

BY BEIJING'S STRATOSPHERIC STANDARDS CHINESE ECONOMIC GROWTH JUST FELL IN A HOLE

REUTERS/Stringer China's economy grew by 6.4% in the year to December, the weakest pace since early 2009. In 2018, GDP expanded by...

 
 
 
Nothing shows the relentless rise of China better than this mesmerizing animation of world GDP growth since 1960

NOTHING SHOWS THE RELENTLESS RISE OF CHINA BETTER THAN THIS MESMERIZING ANIMATION OF WORLD GDP GROWTH SINCE 1960

An elegant animation that shows the GDP growth of the world's top economies since 1960 dramatically shows the rise and fall of nations. Whoa,...

 
 
 
FITUR commences FiturNext Observatory to identify future tourism trends

FITUR COMMENCES FITURNEXT OBSERVATORY TO IDENTIFY FUTURE TOURISM TRENDS

FITUR launches its observatory, which will act as a guide for identifying future trends in tourism and to highlight guidelines with...

The 5 Best Retail Stocks to Buy for 2019-Along With Amazon

THE 5 BEST RETAIL STOCKS TO BUY FOR 2019-ALONG WITH AMAZON

Consumer spending is still strong: It accounted for more than three-quarters of GDP growth in the most recent quarter. But Melda Mergen,...

 
 
 
These 6 maps show how the American economy is doing right now

THESE 6 MAPS SHOW HOW THE AMERICAN ECONOMY IS DOING RIGHT NOW

Business Insider recently ranked the economies of all 50 states and DC, based on six economic measures. Those measures are unemployment...

Asia is the Driving Force for Inbound and Outbound Halal Tourism

ASIA IS THE DRIVING FORCE FOR INBOUND AND OUTBOUND HALAL TOURISM

The Muslim travel sector will contribute $183 billion to global GDP by 2020, reveals new research at this year's WTM London, the event...

 
 
 
Q3 GDP Growth = 3.5%

Q3 GDP GROWTH = 3.5%

The first estimate of third-quarter GDP growth is out this morning. The government estimates that the economy grew, in real terms,...

Trump's trade war took a stunning bite out of the US economy, and it's the strongest evidence yet he's shooting himself in the foot

TRUMP'S TRADE WAR TOOK A STUNNING BITE OUT OF THE US ECONOMY, AND IT'S THE STRONGEST EVIDENCE YET HE'S SHOOTING HIMSELF IN THE FOOT

The US economy grew by 3.5% in the third quarter, according to Friday's GDP report. Ther GDP report also showed major distortions because...

 
 
 
China tops the chart of global cities tourism league

CHINA TOPS THE CHART OF GLOBAL CITIES TOURISM LEAGUE

The most significant tourism cities in the world together churned out more than $625 billion contribution to GDP in 2017, a new study...

 
 
 
Experts emphasize tourism overhaul to boost up revenue

EXPERTS EMPHASIZE TOURISM OVERHAUL TO BOOST UP REVENUE

Last year, tourism accounted 17 percent of the Tanzanian GDP. It's being predicted that by 2025, the contribution to GDP will reach...

Hungary sees 227,000 Chinese tourists' arrival in 2017-2018 tourism season

HUNGARY SEES 227,000 CHINESE TOURISTS' ARRIVAL IN 2017-2018 TOURISM SEASON

Tourism is adding more and more to Hungary's GDP, Péter Szijjártó, the foreign affairs and trade minister, said on the sidelines of...

 
 
 
Foreigners spending 14.5 percent of GDP in Albania tourism

FOREIGNERS SPENDING 14.5 PERCENT OF GDP IN ALBANIA TOURISM

The amount of money spent by international visitors In Albania accounted for almost 14.8% of Gross Domestic Product. This was the recently...

Canada's economy grows at its fastest pace in a year as exports surge

CANADA'S ECONOMY GROWS AT ITS FASTEST PACE IN A YEAR AS EXPORTS SURGE

Canada's GDP grew at the fastest pace in a year between April and June. An uptick in exports and consumer spending helped boost growth. The...

 
 
 
The lira's crash 'looks certain to push the Turkish economy into recession and may well trigger a banking crisis'

THE LIRA'S CRASH 'LOOKS CERTAIN TO PUSH THE TURKISH ECONOMY INTO RECESSION AND MAY WELL TRIGGER A BANKING CRISIS'

The lira crisis is bad enough to push Turkey from 7% GDP growth into recession, according to Capital Economics. Contagion will be limited...

Q2 2018 GDP Details on Residential and Commercial Real Estate

Q2 2018 GDP DETAILS ON RESIDENTIAL AND COMMERCIAL REAL ESTATE

The BEA has released the underlying details for the Q2 advance GDP report. The BEA reported that investment in non-residential structures...

 
 
 
We Are About To See A Great, Big Debt-Fueled GDP Number For The 2nd Quarter, But There Is A Catch

WE ARE ABOUT TO SEE A GREAT, BIG DEBT-FUELED GDP NUMBER FOR THE 2ND QUARTER, BUT THERE IS A CATCH

What kind of number for GDP growth in the 2nd quarter will we get on Friday? The market consensus is somewhere around 4 percent, but...

Q2 GDP = 4.1%

Q2 GDP = 4.1%

The second-quarter GDP is out. The U.S. economy grew by 4.1% during the second three months of the yea r. The U.S. economy grew at...